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Selling Swing: creating credit spread by shorting 545 week

Posted: Tue Jun 05, 2012 10:41 am
by MMASSASSIN
Selling Swing: creating credit spread by shorting 545 weekly puts trough 540 weekly puts at .70 spread oversized . This will help finance the bullish calls plays protecting them against sideways action Protecting them against depreciation.

This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!